Austria the Business Hub of Central Europe Martina Madeo ADVANTAGE AUSTRIA Brussels Cercle Munster Luxemburg, 09/11/2017

Contents ADVANTAGE AUSTRIA – Who are we? Austria – Reliable and solid business environment Austria – The Bridge to New Markets Austria and Luxembourg – strong partners 3

Contents ADVANTAGE AUSTRIA – Who are we? Austria – Reliable and solid business environment Austria – The Bridge to New Markets Austria and Luxembourg – strong partners 4

ADVANTAGE AUSTRIA – Who are we? ADVANTAGE AUSTRIA is the Internationalization and Innovation Agency of the Austrian Federal Economic Chamber Operates in more than 70 countries worldwide Encourages international activities by identifying business opportunities abroad. Supports cross-border commercial activities. Globally positions Austria as an attractive business location and a reliable business partner. 5

Contents ADVANTAGE AUSTRIA – Who are we? Austria – Reliable and solid business environment Austria – The Bridge to New Markets Austria and Luxembourg – strong partners 6

Economic Growth 2009 – 2018

Economic Growth 1996 – 2018

Private Consumption 2009 – 2018

Capital formation 1996 – 2018

Source: Statistics Austria, WIFO, **) outlook Austrian Exports 2010 – 2017 Source: Statistics Austria, WIFO, **) outlook 11

Source: Statistics Austria Austrian Exports - Top Export Markets 2016 Mill. EURO Source: Statistics Austria 12

Foreign Direct Investment In- and Outbound 2006 – 2016 Source: OeNB 13

Inflation rate 2007 – 2018

Unemployment rate 2007 – 2018

Public-sector deficit 1995 – 2018

Contents ADVANTAGE AUSTRIA – Who are we? Austria – Reliable and solid business environment Austria – The Bridge to New Markets Austria and Luxembourg – strong partners 17

Heart of Europe and Gateway to the East European Union Area: 4,3 m. sq.km. Population: 510 m. GDP: EUR 14,815 bn. Member States: 28 Official Languages: 24 18 Source: ABA, Eurostat

East-West Business Interface EU foothold for CEE companies CEE headquarters for Western companies Seize benefits at the interface No longer a one-way street: CEE companies are looking for an EU base Numerous business location advantages 19

Investment Champion in the CEE Region Long tradition Investment Champion Austria CEE Junior Executives “Made in Austria” 20

More than 300 International Companies… …including 28 “Fortune 500” corporations make Austria the preferred location for CEE headquarters. Proximity to the target market Infrastructure Productivity and motivation Stability Tax advantages Quality of life 21

Contents ADVANTAGE AUSTRIA – Who are we? Austria – Reliable and solid business environment Austria – The Bridge to New Markets Austria and Luxembourg – strong partners 22

Exchange of goods, services and investments AT->LU: 153 Mill. € LU->AT: 260 Mill. € Services AT->LU: 466 Mill. € LU->AT: 395 Mill. € Investments AT->LU: 10.095 Mill. € LU->AT: 3.899 Mill. € 23

Trade Relations with Austria 24

TOP 3 services from Austria to Luxembourg financial services transport services tourism from Luxembourg to Austria insurance services 25

Austria and Luxembourg – what do we have in common? strong presence of SMEs in our countries guarantee dynamism, flexibility and the ability to adapt German as a language unites us Stability, quality and reliability are common values power to innovate and know-how 26

Any questions? Please do not hesitate to contact me! Martina Madeo ADVANTAGE AUSTRIA Brussels bruessel@advantageaustria.org